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Enter Symbol:
 
MERCADOLIBRE INC (MELI) [hlAlert]

Rating:
Outperform
MELI
up 14.89 %

MERCADOLIBRE INC (MELI) rated Outperform by William Blair

Posted on: Monday,  Apr 30, 2012  2:25 PM ET by William Blair

William Blair rated Outperform MERCADOLIBRE INC (NASDAQ: MELI) on 04/30/2012, when the stock price was $97.45. Since
then, MERCADOLIBRE INC has gained 14.90% as of 01/04/2016's recent price of $111.97.
If you would have followed this William Blair's recommendation on MELI, you would have gained 14.89% of your investment in 1344 days.

MercadoLibre, Inc. hosts an online platform in Latin America, called MercadoLibre and located at www.mercadolibre.com. The Company has e-commerce operations in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela. In addition, it also operates online trading platforms in Costa Rica, the Dominican Republic and Panama. MercadoLibre has two principal services: The MercadoLibre marketplace and The MercadoPago online payments solution. The MercadoLibre marketplace is a fully automated, topically arranged online trading service. The MercadoPago online payments solution is an integrated online payments solution. During the year ended December 31, 2008, visitors to its Website were able to browse an average of over 2.5 million total listings on any given day in over 2,000 different product categories. At December 31, 2008, the Company had over 33.7 million confirmed registered MercadoLibre users.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2012 2:25 PM Buy
None
97.45
as of 12/31/2012
1 Week down  -0.29 %
1 Month up  9.17 %
3 Months down  -4.84 %
1 YTD down  -19.39 %

(*) Stock Price at the time of the recommendation.
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